Non Brokered Financing Increased

VANCOUVER, BC -- (MARKET WIRE) -- November 30, 2006 -- Yale Resources Ltd. (TSX-V: YLL) and
(FRANKFURT: YAB) is pleased to announce that the extra demand for the non
brokered private placement of up to 2 million units at a price of $0.20 per
unit to raise a total of up to $400,000 -- announced on November 17, 2006
-- has resulted in the Company increasing the placement to 2,375,000 units
for total proceeds of $475,000. A unit will consist of one share and one
non-transferable share purchase warrant valid for two years. A share
purchase warrant will entitle the holder to purchase one additional share
at a price of $0.25 per share during the first year and $0.35 during the
second year. The Company may pay a finder's fee in connection with the
placement in accordance with Exchange policies.

Proceeds of the placement will be applied to work programs and new
opportunities in Mexico as well as general working capital. Completion of
the placement is subject to the approval of the TSX Venture Exchange.

About Yale Resources:

Yale Resources is a growth-oriented company that is aggressively exploring
an expanding portfolio of Mexican properties. With the purchase of a 100%
interest in the Carol Property, Yale has transitioned into a Project
Generator and will continue to seek additional opportunities in Mexico.
Yale plans on having a majority of its projects advanced to the drill stage
during 2007.

On behalf of the Board,

"Ian Foreman"
Ian Foreman, P.Geo.
President

For Investor Relations please call Contact Financial at
604-689-7422.

For additional information on Yale Resources please call the Company at
604-678-2531.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. Statements in
this press release, other than purely historical information, including
statements relating to the Company's future plans and objectives or
expected results, may include
forward-looking statements. Forward-looking statements are based on
numerous assumptions and are subject to all of the risks and uncertainties
inherent in resource exploration and development. As a result, actual
results may vary materially from those described in the forward-looking
statements.